Lionsgate Studios Corp. (LION) Stock Price & Analysis
Lionsgate Studios Corp. (LION) closed at USD 12.2 on Wednesday, October 28, 2026, up 0.08% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 12.19; the Oct 28, 2026 session ranged USD 12.04–12.23 on volume of 2,016,999 shares. Market capitalization is $3.63B, with a 52-week range of USD 6.14–16.7 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 06:53 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LION.md
Key facts (LION)
- Last four reported quarters (through Jun 30, 2026): revenue $2.88B, net income -$118M (-4.1% margin), free cash flow $97.1M (SEC filings).
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $0K; 1 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.23 on a 1–5 scale) (13 analysts), mean target USD 15.08 (range 9–20).
- Total return with dividends: 1Y +95.8% vs S&P 500 +13.6%; 5Y +26.2% vs S&P 500 +79.8%.
- Next earnings: 2026-11-05, EPS estimate USD -0.02, revenue estimate $629M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LION)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | — | $3.08B | $2.45B | $2.58B | $2.63B | $2.88B |
| Operating income | — | $140M | -$14.5M | -$18.1M | $97.1M | $133M |
| Net income | -$188M | -$2.01B | -$1.10B | -$362M | -$198M | -$118M |
| EPS (diluted) | — | $0.00 | -$4.58 | -$1.43 | -$0.70 | — |
| Free cash flow | — | $340M | $387M | -$180M | $11.4M | $97.1M |
| Operating margin | — | 4.5% | -0.6% | -0.7% | 3.7% | 4.6% |
| Net margin | — | -65.2% | -45.0% | -14.0% | -7.5% | -4.1% |
| Revenue growth | — | — | -20.5% | +5.5% | +1.8% | — |
| Cash + short-term investments | $270M | $251M | $277M | $213M | $342M | — |
| Total debt | — | — | $1.78B | $1.97B | $1.94B | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LION)
P/S 1.3x · EV/EBITDA 33.9x · EV/Sales 1.8x · P/FCF 37.4x · FCF yield 2.67% · Earnings yield -3.26% · Net debt $1.48B · EV $5.11B
Insider sales (SEC Form 4, open-market, last ~7 months) (LION)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-07-08 | Rachesky Mark H Md | Director | 42,600,497 | $0K | 78% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (LION)
Consensus Buy (mean 2.23 on a 1–5 scale), 13 analysts; mean target USD 15.08 (low 9, high 20).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-25 | JP Morgan | Initiated | Underweight | $9 |
| 2026-09-14 | Citizens | Initiated | Market Outperform | $18 |
| 2026-08-10 | B. Riley Securities | Target lowered | Neutral | $17 → $16 |
| 2026-07-01 | B. Riley Securities | Initiated | Neutral | $17 |
Total return (dividends reinvested) (LION)
| 1Y (from 2025-10-29) | 5Y (from 2022-02-28) | |
|---|---|---|
| Total return | +95.8% | +26.2% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +96.3% | +5.1% |
| Volatility (annualized) | 49.0% | 37.3% |
| Max drawdown | -35.2% (Jun 2026→Oct 2026) | -48.5% (Apr 2024→Jun 2025) |
LION major shareholder filing: Schedule 13D/A, Jul 9, 2026
MHR INSTITUTIONAL PARTNERS III LP, MHR INSTITUTIONAL ADVISORS III LLC, MHR SUN GP LLC filed a Schedule 13D/A with the SEC on Jul 9, 2026, reporting up to 13.00% of the class. A Schedule 13D is filed by an owner of more than 5% who may seek to influence the company. Item 4 (Purpose of Transaction), quoted from the filing:
and restated as follows. All of the Common Shares reported on this Schedule 13D were acquired for investment purposes. The Reporting Persons intend to review their holdings in the Issuer on a continuing basis and as part of this ongoing review to evaluate various alternatives that are or may become available with respect to the Issuer and its securities. Except as otherwise set forth in this Schedule 13D, neither the Reporting Persons nor, to the best of their knowledge, any of the other persons identified in response to Item 2 hereof, has any plans or proposals that relate to or would result in the occurrence of any of the transactions described in subparagraphs (b) through (j) of Item 4 of Schedule 13D. (a) The Reporting Persons may from time to time and at any time (in accordance with any trading policy of the Issuer or its subsidiaries and affiliates that may then be applicable to the Reporting Persons) in their sole discretion acquire, or cause to be acquired, additional equity or debt securities or other instruments of the Issuer, its subsidiaries or affiliates, or dispose, or cause to be disposed, such equity or debt securities or instruments, in any amount that the Reporting Persons may determine in their sole discretion, through public or private transactions or otherwise. …
Source: SEC EDGAR, Schedule 13D/A filed Jul 9, 2026. Quoted word for word; Nexqual adds no interpretation.
LION earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 6, 2026 | Quarter ended Jun 30, 2026 | $0.06 | $0.00 | Beat +$0.06 | -0.1% |
| May 21, 2026 | Quarter ended Mar 31, 2026 | $0.37 | $0.24 | Beat +54.2% | +18.7% |
| Feb 5, 2026 | Quarter ended Dec 31, 2025 | $0.01 | $0.02 | Miss −$0.01 | +1.8% |
| Nov 6, 2025 | Quarter ended Sep 30, 2025 | −$0.20 | −$0.17 | Miss −17.6% | +1.9% |
| Aug 7, 2025 | — | — | — | — | +7.8% |
| May 22, 2025 | — | — | — | — | -1.9% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
LION recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Sep 16, 2026 | 8-K | Shareholder vote results |
| Aug 6, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 6, 2026 | 8-K | Quarterly results |
| Aug 6, 2026 | Schedule 13G/A | FMR LLC, Abigail P. Johnson: 6.7% of shares, passive 5%+ holder (amended) |
| Jul 28, 2026 | DEFA14A | Additional proxy material |
| Jul 28, 2026 | DEF 14A | Proxy statement (pay, board, votes) · period ended Sep 15, 2026 |
| Jul 23, 2026 | 8-K | Director or executive officer change, or pay arrangement “(e) Compensatory Arrangements of Certain Officers. On July 20, 2026, the Compensation Committee of the Board of Directors of Lionsgate Studios Corp. (the "Company") approved an amendment to the Company's employment agreement with James W. Barge, the Company's Chief Financial Officer (the "Agreement'), to provide for the term of the Agreement to be extended for three months to October 31, 2026. A copy of the amendment is attached hereto as Exhibit 10.1 and is incorporated herein by reference.” |
| Jul 9, 2026 | Schedule 13D/A | MHR INSTITUTIONAL PARTNERS III LP, MHR INSTITUTIONAL ADVISORS III LLC: 13.0% of shares, 5%+ holder that may seek to influence the company (amended) “and restated as follows. All of the Common Shares reported on this Schedule 13D were acquired for investment purposes. The Reporting Persons intend to review their holdings in the Issuer on a continuing basis and as part of this ongoing review to evaluate various alternatives…” |
| Jul 6, 2026 | 8-K | Other material event “Lionsgate Studios Corp. (the "Company") will be holding the 2026 annual general and special meeting of shareholders (the "Annual Meeting") on September 15, 2026 at the Company's head office in Canada at Dentons Canada LLP. Further details about the Annual Meeting will be set forth in the Company's proxy statement. Pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended, shareholders may present proposals for inclusion in the Company's proxy statement for the Annual Meeting by submitting their…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
LION revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Studio Business | $776.6M | 100.0% | +39.7% |
| — Motion Picture (part of Studio Business) | $587.3M | 75.6% | +119.7% |
| — Television Production (part of Studio Business) | $189.3M | 24.4% | -34.4% |
| Total revenue | $776.6M | 100% | — |
LION revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Theatrical | $208.6M | 26.9% | +626.8% |
| — Total Home Entertainment (part of Theatrical) | $163.7M | 21.1% | +41.2% |
| — Television (part of Theatrical) | $35.0M | 4.5% | -1.1% |
| — Packaged Media (part of Theatrical) | $9.9M | 1.3% | +22.2% |
| International | $170.7M | 22.0% | +110.0% |
| Digital Media | $153.8M | 19.8% | +42.7% |
| Other | $9.3M | 1.2% | +55.0% |
| Total revenue | $776.6M | 100% | — |
LION revenue by region (fiscal year ended Mar 31, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $1.70B | 64.7% | -1.8% |
| Non Us | $859.0M | 32.6% | +9.0% |
| Canada | $70.1M | 2.7% | +11.3% |
| Total revenue | $2.63B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
LION suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Amazon (AMZN) | “In fiscal 2026, 2025 and 2024, Lionsgate generated approximately 18%, 16% and 14%, respectively, of its revenue from Amazon.com, Inc. and its subsidiaries.” |
| Partner | Liberty Global Ltd. (LBTYA) | “On May 6, 2025, Lionsgate entered into an investor rights agreement with MHR Fund Management and affiliated funds (for purposes of this section, "MHR Fund Management"), Liberty Global Ventures Limited and Liberty Global Ltd. (collectively, "Liberty") (as amended from time to time, the "Investor Rights Agreement").” |
Quoted from the company's 10-K filed May 27, 2026.
LION company outlook (results filed Aug 6, 2026)
- “The Company continues to anticipate doubling scripted deliveries in fiscal 2027 relative to fiscal 2026. 1 Lionsgate senior management will hold its analyst and investor conference call to discuss fiscal 2027 first quarter results today, August 6, at 5:00 PM ET/2:00 PM PT.”
Quoted word-for-word from the SEC 8-K results press release.
LION analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.02 | $0.02 | −$0.05 | $629.3M | 7 |
| Next quarter (ends Dec 2026) | $0.19 | $0.12 | +54.8% | $941.5M | 6 |
| Current fiscal year (ends Mar 2027) | $0.39 | $0.34 | +15.1% | $3.35B | 8 |
| Next fiscal year (ends Mar 2028) | $0.49 | $0.39 | +23.8% | $3.42B | 7 |
LION options: expected move
Options price a move of about ±15.6% (±$1.90) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 6 reports the stock moved ±5.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 23 | 69.7% | ±15.6% |
| Dec 18, 2026 | 51 | 66.5% | ±19.7% |
| Jan 15, 2027 | 79 | 45.5% | ±17.2% |
| Mar 19, 2027 | 142 | 51.7% | ±28.1% |
30-day implied volatility 73% vs 52.5% realized over the last 30 trading days. Put/call ratio (volume) 0.06. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 06:53 UTC)
| Price | USD 12.2 |
|---|---|
| Change | ▲ 0.08% (up) |
| Previous Close | USD 12.19 |
| Open | USD 12.14 |
| Day Range | USD 12.04 – 12.23 |
| 52-Week Range | USD 6.14 – 16.7 |
| Volume | 2,016,999 shares |
| Market Cap | $3.63B |
| Exchange | NYQ |
Technical Analysis (LION)
Nexqual's technical model rates LION "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 29, 2026 at 06:53 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 59.48 (neutral) |
| vs SMA50 | Above (USD 11.37) |
| MACD | 0.26 (positive) |
Analyst Ratings (LION)
Wall Street analysts rate LION "Buy" based on 13 analysts, with a mean price target of USD 15.08 (range USD 9–20), per Nexqual as of October 29, 2026 at 06:53 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 13 |
| Mean Target | USD 15.08 |
| High Target | USD 20 |
| Low Target | USD 9 |
| Buy / Hold / Sell | 8 / 4 / 1 |
Earnings (LION)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD -0.02 |
| Revenue Estimate | $629.33M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.06 vs est -0 ▲ beat |
| 2026-03-31 | USD 0.37 vs est 0.24 ▲ beat |
| 2025-12-31 | USD 0.01 vs est 0.02 ▼ miss |
| 2025-09-30 | USD -0.2 vs est -0.17 ▼ miss |
Source: Nexqual, October 29, 2026 at 06:53 UTC.
Financials & Fundamentals (LION)
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $97.10M (3.4% of revenue) |
|---|
Source: Nexqual, October 29, 2026 at 06:53 UTC.
Financial Health Score (LION)
Nexqual rates Lionsgate Studios Corp.'s overall financial health "Weak" across five dimensions, as of October 29, 2026 at 06:53 UTC.
| Growth | Critical — Revenue -18% YoY (annual), sharp decline |
|---|---|
| Profitability | Mixed — Operating margin 5% |
| Balance Sheet | Mixed — $426M cash and investments vs $1.90B debt (Jun 2026, SEC) |
| Cash Flow | Mixed — FCF $97M (last 4 quarters to Jun 2026, SEC), slim 3.4% margin |
| Efficiency | Critical — ROE not meaningful (negative equity); ROA -2.2% (last 4 quarters, SEC) |
Major Backers & Investors (LION)
Notable institutional backers of Lionsgate Studios Corp. include MHR Fund Management, LLC, Liberty 77 Capital L.P. , Jericho Capital Asset Management, LP, according to Nexqual as of October 29, 2026 at 06:53 UTC.
Active Investors
| Investor | Stake |
|---|---|
| MHR Fund Management, LLC | 12.66% |
| Liberty 77 Capital L.P. | 12.62% |
| Jericho Capital Asset Management, LP | 6.32% |
| FMR, LLC | 3.48% |
| Neuberger Berman Group, LLC | 3.45% |
| Ameriprise Financial, Inc. | 2.95% |
| Wellington Management | 2.5% |
| Fidelity | 1.66% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 6.6% |
| BlackRock | 5.52% |
Source: Nexqual, October 29, 2026 at 06:53 UTC.
From Lionsgate Studios Corp.'s Latest SEC 10-K Filing (filed 2026-05-27)
Key Strengths & Strategy (as disclosed to the SEC)
- We distribute packaged media directly to major retailers, including Amazon, which purchase product in significant volume for direct‑to‑consumer sales.
Legal & Regulatory Risks (Item 1A, quoted)
- Lionsgate's business depends in part on the maintenance and protection of its intellectual property rights, and failure to protect those rights or the cost of pursuing or defending intellectual property claims may have a material adverse effect on its business.
- Lionsgate's business involves risks of claims arising from the content it produces, distributes or licenses, which could adversely affect its business, results of operations and financial condition.
- Risks Related to Tax Rules and Regulations
- The Internal Revenue Service may not agree that Lionsgate should be treated as a non-U.S. corporation for U.S. federal tax purposes and may not agree that its U.S. affiliates should not be subject to certain adverse U.S. federal income tax rules.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FBNC | First Bancorp | USD 63.36 | ▼ 2.01% |
| LKFN | Lakeland Financial Corporation | USD 60.4 | ▼ 0.51% |
| STRZ | Starz Entertainment Corp. | USD 22.5 | ▲ 4.31% |
| ABCB | Ameris Bancorp | USD 81.88 | ▼ 0.82% |
| FISI | Financial Institutions, Inc. | USD 40.77 | ▼ 0.07% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 06:53 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt